Spire Healthcare (GB:SPI) has released an update.
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Spire Healthcare Group has executed a share buyback program, purchasing 48,655 of its own shares on the London Stock Exchange at an average price of 218.6569 GBp per share. This move, part of an initiative approved by shareholders, aims to cancel the acquired shares, potentially enhancing shareholder value by reducing the total number of shares in circulation to 403,348,392. Investors may view this buyback as a signal of confidence from Spire Healthcare’s management in the company’s future prospects.
For further insights into GB:SPI stock, check out TipRanks’ Stock Analysis page.
